Led by Silicon Badia, with participation from RZM Investment, Flat6Labs, and Saudi Angel Investors, this funding will fuel Roboost’s regional expansion ambitions.
Roboost has carved a niche with its game-changing SaaS solution and AI operations copilot.
The platform boasts a number of features like pre-delivery tech, precision auto-dispatching, and “smart routes” based on text addresses setting new standards in delivery automation.
The $3 million investment will fuel its expansion across the MENA region, capturing the vast potential of the delivery market.
Diversification is also on the horizon, with Roboost planning to venture into e-commerce and middle-mile solutions, offering tailor-made automation for businesses of all sizes.
Hossam Shafick, Investor at Silicon Badia, expressed his confidence:
“Our investment reflects our belief in Roboost’s vision and capabilities. We are thrilled to support their journey towards regional and global leadership.”
Roboost’s success story is a testament to the power of AI in revolutionizing logistics.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
A landmark digital transformation initiative for Kenya has been announced, with Microsoft and UAE-based artificial intelligence (AI) leader G42 pledging an initial investment of $1 billion.
Purple Elephant Ventures (PEV), a venture studio based in Nairobi, has successfully raised $4.5 million in seed funding to drive innovation in Africa’s tourism sector.
The US International Development Finance Corporation (DFC) has unveiled a new $250 million financing package aimed at enhancing digital connectivity and e-mobility in Kenya.
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